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Post by racingteatray on Oct 14, 2022 13:05:46 GMT
Kamikwazi after all.
And so now we have Hunt…literally back from over the water.
What price he ends up PM after all as a compromise post-inevitable defenestration of Truzz…
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Post by Tim on Oct 14, 2022 13:07:10 GMT
I think it'll be Javid in to replace Truss....
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Post by Big Blue on Oct 14, 2022 13:24:51 GMT
Jezza’s had Health, Foreign office and now the Treasury. Only needs PM or Home office for some kind of full-house.
If I go on social media how many posts will I see saying he’ll immediately cut all funding to the NHS and sell it next week?
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Post by Tim on Oct 14, 2022 13:43:06 GMT
Liz Truss' official reply to Kwarteng has been put out by No 10.
With Kwarteng's name under the signature!
It's a clown show.
EDIT
Apparently that's normal procedure.
Weird, I've never sent someone a letter with their name on it instead of mine!
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Post by racingteatray on Oct 14, 2022 14:20:50 GMT
Nothing is normal in this shyteshow…
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Post by PetrolEd on Oct 14, 2022 15:20:13 GMT
I guess Hunts a reasonably safe pair of hands but is he an economist of any great note?
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Post by Roadrunner on Oct 14, 2022 15:49:31 GMT
That disastrous press conference only accelerated her departure. She is clearly waaay out of her depth and she knows it. Peston's question was the killer and she had to leave the stage; I think possibly on the brink of tears. It will soon all be over.
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Post by PG on Oct 14, 2022 15:51:07 GMT
I guess Hunt was the only pair of safe hands, with previous ministerial experience, that might be acceptable to everyone. Internally to MP's and externally to the markets. Although his view, expressed in the leadership campaign, that the long term CT rate ought to be 15% is not quite what has just happened as the rate goes back up to 25%.
The whole thing is becoming a farce.
Trouble is, I don't think anybody in any party has any better ideas. Because I fear that the well kicked can (kicked since well before the 2008 crash really as Brown ran a structural deficit before 2008) has finally reached the end of the road. It was Truss' huge mistake (or misfortune depending on your point of view) to be the one who gave it the final kick.
The famous "Junker's curse" is probably true across the whole of Europe now for whoever is in power. They know what they need to do - get tax and public spending under control to maintain market confidence - but they don't know how to get re-elected after they do it. Huge tax rises - deeply unpopular (because the rich simply can't pay for everyone whatever the left say); huge public spending cuts even more deeply unpopular (because our society would not stand the hardship required). Therefore the only real choice is try and keep kicking the can and hope for the best.
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Post by chipbutty on Oct 14, 2022 18:36:35 GMT
Exactly this….
Anyone who thinks Sir Kneels Alot and Space Cadet Rayner are going to make the slightest difference is deluded. Taxes and borrowing will go up, services won’t get any better and we will be knee deep in woke bollocks
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Post by racingteatray on Oct 14, 2022 18:45:47 GMT
Oh agreed, I don’t think Labour has better plans here. But it looks increasingly like the Tories need a spell in the wilderness to rid themselves of what has become their version of Momentum.
And Brexit has become like Voldermort…unmentionable and avoided studiously by all, even although we all surely now realise in our hearts, even if we refuse to admit it, that it was a monumental error of judgment that, like it or not, impoverishes us all.
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Post by ChrisM on Oct 14, 2022 18:48:32 GMT
And Brexit has become like Voldermort…unmentionable and avoided studiously by all...... Never mind He who should not be named, I've just read that Hagrid (Robbie Coltrane) has passed away. Sad day indeed |
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Post by Alex on Oct 15, 2022 21:57:05 GMT
And Brexit has become like Voldermort…unmentionable and avoided studiously by all...... Never mind He who should not be named, I've just read that Hagrid (Robbie Coltrane) has passed away. Sad day indeed Sad indeed. For me my favourite moment of his was as Samuel Johnson in ol' Slack Bladder when he forgets to put sausage in his dictionary. A performance the phrase 'comedy gold' was made for. |
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